Oil prices surge 2.6 percent after Iranian and U.S. strikes, Anas Alhajji notes

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Artem Shendetskii

1 hour ago

Oil prices surge 2.6 percent after Iranian and U.S. strikes, Anas Alhajji notes — Oil prices climb after Gulf of Oman attacks

Anas Alhajji, managing partner, energy economist, and market analyst at Energy Outlook Advisors LLC, reports that oil prices have increased approximately 2.6 percent. The price movement follows Iranian attacks on tankers in the Gulf of Oman and subsequent U.S. retaliatory strikes on targets in Iran several hours ago.

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Alhajji has previously tracked changes in key energy benchmarks, noting that Cushing crude inventories were increasing while WTI prices remained subdued. He has also covered large-scale investment shifts, such as TSMC’s decision to raise its U.S. investment to $65 billion. These observations provide context for his analysis of the latest price movements in the oil market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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